202 FLIGHTLINE RD TX 78645
| Owner | GLORIS ROBERT J |
|---|---|
| Parcel ID | 0188730204 |
| Short ID | 184755 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 10,208 SF |
| Land SF | 13,939 SF |
| Acres | 0.320 |
| Year Built | 1981 |
| Legal | ABS 2540 SUR 92 FAUBION F F ACR .513 |
| Neighborhood | 61NWE |
| Land | $223,024 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $223,024 |
| Improvement | $356,862 |
|---|---|
| Total Improvement | $356,862 |
| Market | $579,886 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $579,886 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $579,886 |
| Exemptions (−) (DV,HS) | −$27,035 |
|---|---|
| Taxable Value | $552,851 |
Appreciation: Market value has risen +9.6% from $528,976 (2021) to $579,886 (2025), a CAGR of 2.3% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Commercial parcel countywide rose +24.1%, so this parcel has lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 2.1307% in 2025 (+0.0473% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $11,780. Lago Vista ISD is the largest single contributor, at 43.2% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 38% of market value ($223,024 land vs $356,862 improvements), about $16/SF of land. Most value sits in the improvements, so building condition, age (~45 yrs), and rent roll drive the underwriting.
Submarket Position: At $579,886, this parcel sits in the bottom quartile (<25th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the +2.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $650,468 by 2030, with an estimated annual tax burden around $11,035. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
No delinquent taxes on record.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 10,208 SF | ✓ |
| MEZZ | Mezzanine | 2,400 SF | ✓ |
| 483 | LIVING QUARTERS | 2,400 SF | ✓ |
| SO | Sketch Only | 2,400 SF | ✗ |
Market value changed by 118% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| ILV Lago Vista ISD | 1.2020% | 1.1846% | 1.0192% | 1.0169% | 1.0169% | +0.0000% | $4,343.51 | $4,343.51 | Paid |
| CLV City of Lago Vista | 0.6070% | 0.4283% | 0.4139% | 0.4231% | 0.4200% | -0.0031% | $2,134.53 | $2,134.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,910.13 | $1,910.13 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $599.82 | $599.82 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $528.50 | $528.50 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $528.32 | $528.32 | Paid |
| Combined Rate | 2.4782% | 2.2082% | 2.0226% | 2.0834% | 2.1307% | +0.0473% | $10,044.81 | $10,044.81 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,262,727 | $579,886 | +117.8% |
| Assessed Value | $630,057 | $579,886 | +8.7% |
| Land Value | $223,024 | $223,024 | +0.0% |
| Improvement Value | $1,039,703 | $356,862 | +191.3% |
| Taxable Value | $602,757 | $552,851 | +9.0% |
| Exemptions | DV,HS | DV,HS | |
| HS Cap Loss | -$632,670 | — | |
| Total Tax 2026 = estimate |
~$12,843
Estimated
|
~$10,045
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,262,727 | $1,262,727 | +0 (+0.0%) |
| Taxable Value | $602,757 | $602,757 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,262,727 | $223,024 | $1,039,703 | −$632,670 | $630,057 | $602,757 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $579,886 | $223,024 | $356,862 | — | $579,886 | $552,851 | ~$10,045 | Partial |
| 2024 | $650,342 | — | — | −$427,318 | $223,024 | $— | $10,014 | Verified |
| 2023 | $583,279 | — | — | −$360,255 | $223,024 | $— | $11,535 | Verified |
| 2022 | $550,190 | — | — | −$327,166 | $223,024 | $— | $11,763 | Verified |
| 2021 | $528,976 | — | — | −$305,952 | $223,024 | $— | $12,573 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +117.8% ! | +8.7% | 49.9% | Not available | Partial |
| 2025 | +6.4% | +6.4% | ~100% | Not available | Partial |
| 2024 | -19.1% | -17.8% | ~100% | 1.8400% | Verified |
| 2023 | +15.5% | +14.5% | 98.3% | 1.7100% | Verified |
| 2022 | +6.0% | +6.7% | 99.2% | 2.0200% | Verified |
| 2021 | base year | — | 98.6% | 2.3800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +5.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +117.8% | +25.7% | -8.7% | +117.8% | 2026 | -10.8% | 2025 |
| Assessment Ratio | 49.9% | 50.9% | — | 100.0% | 2025 | 34.3% | 2024 |
| Effective Tax Rate (2025) | 1.7300% | 1.7300% | — | 1.7300% | 2025 | 1.7300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$10,045 | $11,186 | ~$11,600 | $12,573 | 2021 | $10,014 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$593,361 | ~$593,361 | ~2.0439% | ~$12,128 | +2.3% |
| 2027 | ~$607,150 | ~$607,150 | ~1.9570% | ~$11,882 | +4.7% |
| 2028 | ~$621,259 | ~$621,259 | ~1.8702% | ~$11,618 | +7.1% |
| 2029 | ~$635,696 | ~$635,696 | ~1.7833% | ~$11,336 | +9.6% |
| 2030 | ~$650,468 | ~$650,468 | ~1.6964% | ~$11,035 | +12.2% |
| 2026 | ~$581,764 | ~$581,764 | ~2.1307% | ~$12,396 | +0.3% |
| 2027 | ~$583,647 | ~$583,647 | ~2.1307% | ~$12,436 | +0.6% |
| 2028 | ~$585,537 | ~$585,537 | ~2.1307% | ~$12,476 | +1.0% |
| 2029 | ~$587,433 | ~$587,433 | ~2.1307% | ~$12,517 | +1.3% |
| 2030 | ~$589,335 | ~$589,335 | ~2.1307% | ~$12,557 | +1.6% |
| 2026 | ~$604,959 | ~$604,959 | ~2.0004% | ~$12,102 | +4.3% |
| 2027 | ~$631,116 | ~$631,116 | ~1.8702% | ~$11,803 | +8.8% |
| 2028 | ~$658,405 | ~$658,405 | ~1.7399% | ~$11,455 | +13.5% |
| 2029 | ~$686,873 | ~$686,873 | ~1.6096% | ~$11,056 | +18.4% |
| 2030 | ~$716,572 | ~$716,572 | ~1.4793% | ~$10,600 | +23.6% |
In 2025, this property's market value of $579,886 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -59% below the county median of $1,417,484. Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $579,886 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $650,342 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $583,279 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $550,190 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $528,976 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below median | base yr |
Estimate only. The appraisal district sets value as of Jan 1 (not at sale price). A sale is strong evidence of market value and is typically reflected in the next Jan 1 valuation. Taxing units set rates annually. Modeled from government data — not a legal or tax opinion.